WLFI Perpetual Futures: A High-Stakes Game at the Intersection of Politics and Cryptocurrency Derivatives

WLFI Perpetual Futures, launched in September 2025 by World Liberty Financial, has traded over 8.6 million contracts with a nominal value of $3.2 million. The token aligns with the “Make America Great Again” (MAGA) movement and has been supported by the Trump family to use political sentiment to drive market volatility. Although the futures market is implicitly valued at $40 billion, its spot market has not yet started. Token economics is characterized by artificial scarcity, locking in 20% of the initial supply, while high leverage (up to 500 times) amplifies earnings. Price fluctuations, such as a drop from $0.40 to $0.25, have triggered a short liquidation of $23 million. Regulatory risks and geopolitical events pose ongoing challenges.